ATAvalon Technologies543896Board meeting scheduled

Board meeting on October 27, 2026 to consider fund raising and Articles amendment

Board meeting scheduled for October 27, 2026.

By ScoutQuest · Fri 23 Oct 2026, 9:37 AM IST · 2 min read

Board Meeting Date

October 27, 2026

Agenda

raising funds via equity shares, convertible debentures, warrants or other securities

Trading Window Closed From

October 01, 2026

Board meeting called for October 27, 2026

Avalon Technologies has informed BSE and NSE that a meeting of its Board of Directors is scheduled to be held on October 27, 2026. The intimation sets out what the Board will consider.

What is on the agenda

• Amendment of the Articles of Association, the company's charter document that sets out its internal rules.
• A proposal for raising funds by way of issue of equity shares, fully or partly convertible debentures, including optionally convertible debentures, or warrants or any other securities, as decided by the Board.

How the fund raise is proposed

• The securities may be issued in a single tranche or in multiple tranches.
• One route named is a preferential issue to one or more persons, or any other method permitted under applicable laws.
• The proposal is framed under the Companies Act, 2013 and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
• It is subject to such regulatory and statutory approvals as may be required, including approval of the shareholders of the company.
• The Board will also consider approving ancillary actions for the fund raising.

Extra ordinary general meeting

The Board will also consider convening an extra ordinary general meeting to seek shareholders' approval for the Articles amendment and the fund raising, as may be required.

Trading window

The trading window for dealing in the company's securities by designated persons and their immediate relatives is already closed from October 01, 2026 till 48 hours after the announcement of the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026.

What this means for retail investors

• This is prior intimation of a board meeting. The items are proposals that the Board will consider; the instrument, the size and the pricing are for the Board to decide.
• The update refers to these as proposals, not as approvals already granted.
• A fund raise through equity shares or convertible instruments alters the company's share capital. Equity shares and convertible debentures or warrants can bring in new holders or, on conversion or exercise, add to the number of shares. A preferential issue to one or more persons can also bring in a new set of shareholders.
• The update states that the proposal is subject to shareholders' approval, and the Board will consider calling an EGM for that vote, so shareholders would have a say if it goes ahead.
• The closed trading window is an insider-trading control that applies to designated persons and their immediate relatives, timed around the September 30, 2026 results.

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